Liquidity in the Bitcoin Market: Where is the Trend Heading? 💸
The current liquidity situation in the #Bitcoin market reveals a significant liquidity cushion forming below $68,000.
Many traders anticipated a price drop toward $65,000 or even $50,000.
On my Discord server, I posted several longs on $BTC including altcoins, before the massive breakout to the upside.
However, caution is advised: in a strong uptrend, this liquidity often remains untapped. It’s essential not to rely solely on liquidation heatmaps, as these are currently heavily hyped.